The global demand for Cranial Perforator Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Units in 2019 and foreseen to touch XX Kilo Units by 2026 with a CAGR of XX% during 2020-2026.
A cranial perforator is designed to reduce the risk of plunging into the cranial cavity during neurosurgery. It includes a generally cylindrical driver, a cylindrical drill, and the cylindrical sleeve. The instrument is a mechanically clutched cutting tool that prevents the surgeon from boring into the brain or dura by automatically disconnecting the cranial perforator from the drill motor once the cranium's inner surface is breached.
The rising prevalence of traumatic brain injuries is a factor estimated to drive the demand for cranial perforator. The highest rates of TBI are observed in older adults. The mortality rate for TBI is 30 per 100,000 in the U.S. annually. Sixty-nine million individuals are estimated to suffer TBI from all causes each year. This brings enormous prospects for market growth. Neurosurgeons and mid-level practitioners treating patients with traumatic brain injury are taking all the required measures to avoid risk. Players operating in the market are deploying advanced techniques and strategies to develop novel ways for manufacturing cranial perforators. This is likely to fuel demand during the forecast period. However, stringent government regulations and frequent product recalls are hampering the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of cranial perforator.
The entire cranial perforator market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Medical Center
This section covers regional segmentation which accentuates on current and future demand for cranial perforator market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Cranial Perforator Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cranial perforator market include Nouvag AG, Vitalys Surgical, Evonos, NSK, Adeor Medical AG, Bojin, Micromar, Acra-Cut, LZQ. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.